PANews, November 1 news: PlanB, the creator of the Bitcoin S2F model, posted that Bitcoin's October closing price was $77,430, and the so-called "Uptober" (October rally) did not occur. PlanB pointed out that Bitcoin's RSI indicator has been above 50 for three consecutive months, and believes this is a signal that a new bull market has begun.
PlanB: Bitcoin RSI indicator above 50 for the third consecutive month, possibly a signal of a new bull market beginning.
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